Oct 13 2024 17 mins 1
Auction clearance rates: reliable market indicators or misleading metrics? We promise to change your perspective on the real estate industry's heavy reliance on these figures. Join us as we unravel the limitations of auction data, especially in non-auction-centric regions like the eastern suburbs of Sydney and the suburb of Dee Why. Discover why industry leaders like Josh Teslin achieve stellar sales volumes without leaning heavily on auctions, and how metrics like 'days on market' could offer a more accurate understanding of real estate trends.
Explore the intricate world of real estate metrics, where media-highlighted auction clearance rates may not tell the full story. We bring attention to the Northern Beaches, where a higher number of properties for sale signals a market returning to normalcy. Our discussion doesn't stop there—we also dive into the high-value real estate sector, revealing strategies for managing premium investments. With a playful nod to the relentless pace of the market, we liken it to an "ever ready bunny," and wrap up with heartfelt thanks to our listeners.
